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Pre-pandemic prices a long shot

Pre-pandemic prices a long shot
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Hartalega expects glove ASPs to rise by 50% in Q3

is set to benefit from an increase in average selling prices (ASPs) over the course of its current financial year, in view of the global glove shortage.
CGS-CIMB said in a report the company expected its glove ASPs to rise by 50% quarter-on-quarter in the third quarter of its current financial year ending March 2021, as well as a 40% quarter-on-quarter increase in the fourth quarter.
“Hartalega is also of the view that ASPs could still increase from the first quarter of 2022, given the current severe shortage in global glove supply.
“In our view, Hartalega’s ASPs will still lag behind its peers in the second quarter of 2022.” ....

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